The Acceleration And Yaw Rate Sensors Market size is estimated at USD 6.17 billion in 2024, and is expected to reach USD 9.65 billion by 2029, growing at a CAGR of 9.35% during the forecast period (2024-2029).
A yaw rate sensor measures the vehicle's rotation around its vertical axis while measuring the acceleration at right angles to the driving direction at the same time. The yaw rate is measured in degrees per second. If a vehicle makes a 90º turn in two seconds, it will have a yaw rate of 45º. The sensor can differentiate between normal cornering and vehicle skidding movements by electronically evaluating the measured values.
The acceleration and yaw rate sensors market is highly fragmented, with the presence of major players like Epson Europe Electronics Gmbh (Seiko Epson Corporation), Bosch Sensortec Gmbh (Robert Bosch Gmbh), STMicroelectronics NV, Continental AG, and Baumer Group. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
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